rio: extract from 2024-10-22-futardio-proposal-hire-advaith-sekharan-as-founding-engineer.md

- Source: inbox/archive/2024-10-22-futardio-proposal-hire-advaith-sekharan-as-founding-engineer.md
- Domain: internet-finance
- Extracted by: headless extraction cron (worker 2)

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---
type: entity
entity_type: person
name: "Advaith Sekharan"
domain: internet-finance
status: active
roles: ["founding engineer"]
affiliations: ["[[metadao]]"]
tracked_by: rio
created: 2026-03-11
---
# Advaith Sekharan
## Overview
Advaith Sekharan is a founding engineer at MetaDAO, hired in October 2024 through a futarchy-governed proposal. His compensation package includes $180,000 annual salary and 237 META tokens (1% of supply) with performance-based unlocking tied to market cap milestones and a 4-year vesting period.
## Timeline
- **2024-10-22** — [[metadao-hire-advaith-sekharan]] proposal created to hire as founding engineer
- **2024-10-26** — Hiring proposal passed; joined MetaDAO with retroactive salary from October 16th
## Relationship to KB
- [[metadao]] — founding engineer
- [[metadao-hire-advaith-sekharan]] — hiring decision
- Part of MetaDAO's San Francisco core team building strategy per Fundraise #2

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---
type: entity
entity_type: decision_market
name: "MetaDAO: Hire Advaith Sekharan as Founding Engineer?"
domain: internet-finance
status: passed
parent_entity: "[[metadao]]"
platform: "futardio"
proposer: "Nallok, Proph3t"
proposal_url: "https://www.futard.io/proposal/B82Dw1W6cfngH7BRukAyKXvXzP4T2cDsxwKYfxCftoC2"
proposal_date: 2024-10-22
resolution_date: 2024-10-26
category: "hiring"
summary: "Proposal to hire Advaith Sekharan as founding engineer with $180K salary and 237 META tokens"
tracked_by: rio
created: 2026-03-11
---
# MetaDAO: Hire Advaith Sekharan as Founding Engineer?
## Summary
This proposal sought to hire Advaith Sekharan as MetaDAO's founding engineer with $180,000 annual cash compensation and 237 META tokens (1% of supply excluding DAO holdings). The token allocation uses the same performance-based vesting structure as co-founders Nallok and Proph3t, with linear unlocks tied to market cap milestones from $500M to $5B, a 4-year cliff starting November 2028, and an 8-month clawback period.
## Market Data
- **Outcome:** Passed
- **Proposer:** Nallok, Proph3t
- **Proposal Account:** B82Dw1W6cfngH7BRukAyKXvXzP4T2cDsxwKYfxCftoC2
- **Created:** 2024-10-22
- **Completed:** 2024-10-26
## Compensation Structure
- **Cash:** $180,000/year (retroactive to October 16, 2024)
- **Tokens:** 237 META (1% of 23,705.7 supply including co-founder allocations)
- **Vesting Start:** November 2024
- **Unlock Mechanism:** Linear based on market cap ($500M = 10% unlock, $5B = 100% unlock)
- **Cliff:** No tokens unlock before November 2028
- **Clawback:** DAO can reclaim all tokens until July 2025 (8 months)
- **Market Cap Definition:** $1B = $42,198 per META
## Significance
This proposal demonstrates MetaDAO's use of futarchy for operational hiring decisions, extending the same performance-aligned token structure used for co-founders to early employees. The 4-year cliff and market-cap-based unlocking create strong long-term alignment while the 8-month clawback period provides early accountability. The proposal is part of MetaDAO's strategy to build a core team in San Francisco following Fundraise #2.
## Relationship to KB
- [[metadao]] — hiring decision for founding engineer role
- [[advaith-sekharan]] — hired individual
- [[metadao-compensation-proph3t-nallok]] — co-founder compensation structure this mirrors
- [[metadao-fundraise-2]] — fundraising round that enabled core team building
- [[performance-unlocked-team-tokens-with-price-multiple-triggers-and-twap-settlement-create-long-term-alignment-without-initial-dilution]] — compensation mechanism used

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@ -54,6 +54,7 @@ The futarchy governance protocol on Solana. Implements decision markets through
- **2026-03** — Pine Analytics Q4 2025 quarterly report published
- **2024-02-18** — [[metadao-otc-trade-pantera-capital]] failed: Pantera Capital's $50,000 OTC purchase proposal rejected by futarchy markets
- **2024-10-26** — [[metadao-hire-advaith-sekharan]] passed: hired Advaith Sekharan as founding engineer with $180K salary and 237 META tokens
## Key Decisions
| Date | Proposal | Proposer | Category | Outcome |
|------|----------|----------|----------|---------|

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@ -6,9 +6,13 @@ url: "https://www.futard.io/proposal/B82Dw1W6cfngH7BRukAyKXvXzP4T2cDsxwKYfxCftoC
date: 2024-10-22
domain: internet-finance
format: data
status: unprocessed
status: processed
tags: [futardio, metadao, futarchy, solana, governance]
event_type: proposal
processed_by: rio
processed_date: 2026-03-11
extraction_model: "anthropic/claude-sonnet-4.5"
extraction_notes: "Hiring proposal for founding engineer. Created decision_market entity for the proposal, person entity for Advaith Sekharan, and timeline entry on MetaDAO. No novel claims — this is operational execution of existing compensation structure. The token vesting mechanism matches the co-founder structure already documented in metadao-compensation-proph3t-nallok claim."
---
## Proposal Details
@ -71,3 +75,13 @@ The terms of its release would be the same as Nallok and Proph3t, except that th
- Autocrat version: 0.3
- Completed: 2024-10-26
- Ended: 2024-10-26
## Key Facts
- MetaDAO supply excluding DAO holdings: 19,755.7 META (2024-10-22)
- MetaDAO supply including co-founder allocations: 23,705.7 META (2024-10-22)
- Founding engineer compensation: $180K/year + 237 META (1% of supply)
- Token unlock formula: linear from $500M (10%) to $5B (100%) market cap
- Market cap definition: $1B = $42,198 per META
- Vesting cliff: 4 years (November 2028)
- Clawback period: 8 months (until July 2025)